Schaeffler (OTCMKTS:SFFLY) Shares Gap Up – Still a Buy?

Shares of Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $6.00, but opened at $6.4150. Schaeffler shares last traded at $6.4150, with a volume of 1,243 shares traded.

Schaeffler Price Performance

The firm’s fifty day moving average is $7.81 and its two-hundred day moving average is $9.22.

About Schaeffler

(Get Free Report)

Schaeffler AG is a Germany-based global supplier of automotive and industrial components and systems. The company develops and manufactures rolling and plain bearings, precision components, drivetrain technologies, and related products used in vehicles, machinery, wind turbines, aerospace applications, and other industrial equipment.

In the automotive sector, Schaeffler provides products for engines, transmissions, chassis, and vehicle electrification, including hybrid and electric-drive components.

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